Karnataka Gramin Bank Account Number

Account number refers to the unique 11-digit number made up of letters or numbers representing specific account information of the bank account holder. Karnataka Gramin Bank offers competitive interest rates on accounts along with a wide range of benefits that customers can take advantage of and perform financial activities using their Karnataka Gramin Bank account number. 

Know About Karnataka Gramin Bank

The Karnataka Gramin Bank is a Regional Rural Bank (RRB) established under the RRBs Act, 1976. The Bank is associated with the Government of India and is notified and scheduled by the Reserve Bank of India. The Bank aims to contribute to the economic growth of rural areas. Its head office is situated at Ballari, functional under the sponsorship of Canara Bank. 

Karnataka Gramin Bank was established on April 1, 2019, with the amalgamation of Kaveri Grameena Bank and Pragathi Krishna Gramin Bank. The bank provides attractive credits and other facilities for small entrepreneurs, agricultural labourers and so on. 

Karnataka Gramin Bank Account Number: Eligibility Criteria

Opening a savings account for Karnataka Gramin Bank account number is possible for the following categories of people: 

• Allows individual accounts and joint accounts for a maximum 4 individuals, minors, illiterates, HUF and blind people 
• Primary co-operative credit society can also get the account on being financed by the bank 
• Agriculture-producing market committees
• Khadi and village industries boards 
• Farmers’ clubs - Vikas Volunteer Vahini
• Development of Women and Children in Rural Areas (DWCRA)
• Institutions except the ones in Section 26(h) and with their entire income exempted from the Income Tax Act of 1961
• Companies holding licences from the Central Government understated sections: Section 8 of the Companies Act, 2013, Section 25 of the Companies Act 1956, and corresponding provision in the Indian Companies Act, 1913. The companies with the word ‘Limited’ and ‘Private Limited’ are excluded
• Societies registered under the Societies Registration Act, 1860 or other laws enforced in states or union territories. It excludes societies registered under State Co-Operative Societies Acts. 
• Self-Help Groups (SHGs), registered or unregistered 

Karnataka Gramin Bank Account Number: Documents Required

The documents required to apply for the deposit account in Karnataka Gramin Bank are: 

• Account opening application form 
• Address proof: Aadhaar card, Passport, Voter ID, Electricity bill, and/or Driving licence 
• Identity proof: Aadhaar card, Voter ID, Ration card, Passport, and/or Driving licence
• Passport sized photograph 

Note: The documentation process may vary with different banks. Set your documents as asked by the bank.

KYC/Re-KYC Documents 

For Know Your Customer (KYC) or ReKYC, the required documents are 

• Identity proof
• Registered mobile number
• Address proof with a recent date
• Passport size photograph
• Copy of passport for NRI account holders 
• FATCA/CRS certificate for those NRI account holders who did not submit a declaration during account opening

Stepwise Process to Get Karnataka Gramin Bank Account Number

If you are interested in opening a bank account at Karnataka Gramin Bank, we recommend following the below-mentioned steps: 

Step 1: Get the Account Opening Form for account opening. Ensure that you get the right type based on the type of account you wish to open. 

Step 2: Prepare the documents required for opening the account. The type of documentation is based on account type and, therefore, should be clarified beforehand. Carefully fill out the form. 

Step 3: Submit the form and all the required documents to the Karnataka Gramin Bank. 

Step 4: Wait for the internal proceedings in the bank, which requires around two to three days. 

Step 5: Visit the bank once you are notified of the account opening or two to three days after submitting the application. You will get the account number and will be charged the minimum balance that should be in your account. 

Step 6: You will have a functional Karnataka Gramin Bank Account number after depositing the required amount. Register your mobile number to avail more benefits. Additionally, get all your passbooks, chequebooks, and cards from the bank. 

Karnataka Gramin Bank: Steps to Check Information Balance Information

Once you have successfully received the Karnataka Gramin Bank account number, you must make efforts to maintain your account. It includes remaining updated about the transactions and keeping your balance above the minimum limit. 

You need to have instant access to your balance amount. There are numerous ways to balance inquiry, such as : 

Missed Call Alert Facility

You can give missed calls from any type of handset you possess. You need to dial the number 9015800700. 

SMS Facility

The Karnataka Gramin Bank account number balance can be inquired through SMS without any data connection, SMS pack or high-end smartphone. You need to create a message with your account number, specify the balance and send it to 9015800700. 

Karnataka Gramin Bank states that compulsory registration of mobile numbers with the bank is required to get an SMS alert facility through the SMSREG menu. 

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You can also use the app specific to Karnataka Gramin Bank for balance enquiry and all the real-time transaction updates. 

ATM

If you hold an ATM card from Karnataka Gramin Bank, you can also check the balance using an ATM machine. 

Karnataka Gramin Bank Account Number: Fund Transaction Information 

The requirement of instant, easy and effortless fund transfer is highly crucial in today’s time. Karnataka Gramin Bank offers 24*7 fund transfer facilities through both NEFT (National Electronics Fund Transfer) and RTGS (Real Time Gross Settlement). 

You can use mobile banking and Internet banking for transfers. There are charges and transaction limits linked with each type of transfer. 

Mobile Banking

The service is open to SB/ CA/ CC and OD accounts. Per transaction limit for own account transfer, third party transfer, and NEFT is INR 1 while for IMPS is INR 0.50. The per-day transaction limit for all the above categories is INR 3, while for IMPS, it is again INR 0.50. The charges for NEFT range between INR 2.25 to 24.75, while for IMP, they are INR 2.50 to 5. The charges depend on the amount of the transaction. 

Internet Banking

This service is also open to SB/ CA/ CC and OD accounts. Retail customers have a transaction limit of INR 3 for own account transfers, third-party transfers, NEFT and RTGS, INR 0.50 for IMPS, and INR 0.50 for Quick Pay. The corporate customers have a transaction limit of INR 50 for their own account transfer, INR 20 for third-party transfer, INR 10 for NEFT and INR 20 for RTGS. 

• The charges for NEFT range between INR 2.25 to 24.75
• The charge of RTGS range between INR 24.50 to 49.50
• The charge of IMPS ranges between INR 2.50 to 5. 

Note: The charges depend on the amount of the transaction.